MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Russian Oil Industry Will Be Independent of Foreign Equipment by 2027: Gazprom

OIL

The Russian oil industry will be completely independent from foreign equipment by 2027 by placing orders on the territory of the country, Gazprom Neft CEO Alexander Dyukov said in a meeting with Putin, cited by TASS.

  • Dyukov said that Russia’s oil industry is now completely self sufficient in terms of technology, with the production of 1,200 out of 1,400 basic types of equipment now mastered.
  • "There is a slight dependence on equipment, but by 2027 it will be overcome. This will not only allow us to achieve technological independence, but it will provide additional orders for our equipment producers. We estimate the volume of these extra orders to be one trillion rubles," Dyukov said.
  • Sanctions against Russia have limited its access to foreign technology, leaving it scrambling to source alternative parts.
Energy BulletsHomepagemarkets-real-timeBulletCommodities
Energy BulletsHomepagemarkets-real-timeBulletCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.